Overview
The proposed switch-over to a more comprehensive Goods and Service tax (GST)
regime will be a paradigm shift from the present tax setup, and is going to change
market dynamics significantly in an integrated nation-wide marketplace, making the
analysis of a business structure from an indirect tax perspective more imperative for
small, medium and large enterprises.
A business entity that is currently registered under any of the existing tax regimes will
need to migrate to GST as per the enrolment plan of State Governments. The following
central and state level tax regimes will end with introduction of Goods and Service Tax
(GST)
